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2) Annenbaum Corporation uses the weighted average method in its process costing system. This month, the beginning inventory
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Answer #1

Units in beginning work in process inventory + Units started into production or transferred in = Units in ending work in process inventory + Units completed and transferred out

Or, 400 + 6500 = Units in ending work in process inventory + 5900

Or, Units in ending work in process inventory = 1000 units

Units transferred to next department

5900

Ending work in process = 1000 X 50%

500

Equivalent units of production

6400

Cost of beginning work in process inventory

5700

Costs added during the year

125,500

Total costs

131,200

Equivalent units of production

6400

Cost per equivalent unit (131200/6400)

20.5

Hence, the correct option is D. $ 20.5

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